Last week, the liquidity crisis faced by the crypto exchange FTX went from rumors and speculation to reality. Sam Bankman-Fried said that everything is fine, but a day later Binance was about to acquire FTX, then the deal was canceled, and Changpeng Zhao reported FTX misuse of customer funds and a government investigation. Eventually, things started to escalate

FTX, Forecasts, Educational Materials, and Crypto in Japan

Beyond the situation described above, the past week was rich in crypto news. Moreover, CoinsPaid Media continues to prepare educational materials as part of its crypto Academy. To make sure all our readers don’t miss any interesting or important materials, we’ve prepared a weekly digest. 

  1. Binance Vs. FTX: Nothing Personal, It’s Just Business? 

The crypto industry was focused on FTX’s problems this week, which affected the entire market. But where did it all begin? We look into the reasons behind the Binance and FTX standoff and consider what role Changpeng Zhao played in Sam Bankman-Fried’s crisis. 

  1. What to Expect from the Crypto Market in November?

A traditional crypto forecast by professional experts collected by CoinsPaid Media. It’s worth clarifying that we’ve collected opinions before the events around FTX turned into a crunch. Therefore, the main trends remained unchanged, but that factor wasn’t taken into account in the material. 

  1. What Is Crypto Halving?

This topic will be especially relevant in early 2024, when Bitcoin’s fourth halving approaches. But halving doesn’t only happen in the network of the first cryptocurrency, so having an idea of the essence of the phenomenon will be definitely useful for anyone interested in crypto or maybe even actively immersed in the environment. 

  1. Metaverses: Use Cases

We’ve already looked at the concept behind the term “Metaverse,” and now it’s time to take a look at the main practical applications of Metaverse technologies. 

  1. The Cryptocurrency Industry in Japan

Japan is one of the world’s leading countries in crypto adoption and crypto market regulation. So taking a close look at the state of the local industry was a matter of time. And that time has come. 

Author: Mark Wallerstein
#Cryptocurrency #FTX #News